BAKU, Azerbaijan, Feb. 14
By Elnur Baghishov – Trend:
The Iranian banks issued loans worth about 22.9 quadrillion rials (about $546 billion) in various economic sectors in the country, during the first 10 months of the current Iranian year (from March 21, 2021, through January 20, 2022), Trend reports via the statistics of Central Bank of Iran (CBI).
Meanwhile, in the same period of the Iranian year, the figure stood at about 8.55 quadrillion rials (about $204 billion).
"So, the banks issued about 1.64 quadrillion rials (about $39.1 billion) worth of loans in the agricultural sector within the mentioned period," the statistics said.
Moreover, the banks issued loans worth about 6.93 quadrillion rials (about $165 billion) in Iran's industrial and mining sectors over 10 months.
According to the statistics, the banks also issued loans worth about 1.25 quadrillion rials (about $29.8 billion) in Iran's housing and construction sector during the reporting period.
Furthermore, the Iranian banks issued loans worth 3.52 quadrillion rials (about $83.8 billion) in the trade sector for 10 months.
At the same time, about 9.59 quadrillion rials (about $228 billion) worth of loans was issued in the services sector and 8.3 trillion rials (about $197 million) in other unmentioned areas over the first 10 months of the current Iranian year, the statistics said.
According to the statistics, the loans are provided for the establishment of enterprises and facilities, as working capital, repair work, development, purchase of personal assets, purchase of apartments, and so on.
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